Common use of Royalty Reporting Clause in Contracts

Royalty Reporting. Within [***] after the end of each Accounting Period, Roche shall provide to LICENSEE for such Accounting Period, on a Licensed Product-by-Licensed Product and country-by-country basis, a written report with the following information, [***]: (i) the gross amount invoiced in Swiss Francs; (ii) Sales in Swiss Francs, and the specific deductions applied in the calculation of Sales pursuant to Schedule 1.7; (iii) Net Sales in Swiss Francs, and the specific deductions applied in the calculation of Net Sales pursuant to Schedule 1.7; (iv) exchange rate used for the conversion of Net Sales from Swiss Francs to the Payment Currency; (v) Net Sales in the Payment Currency; (vi) total royalty payable in the Payment Currency. [***]

Appears in 2 contracts

Sources: License Agreement (Prothena Corp PLC), License Agreement (Prothena Corp PLC)